Publicis Groupe S.A. (OTCMKTS:PUBGY) Short Interest Up 178.9% in October

Publicis Groupe S.A. (OTCMKTS:PUBGY) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totalling 37,100 shares, a growth of 178.9% from the September 30th total of 13,300 shares. Based on an average trading volume of 72,300 shares, the days-to-cover ratio is presently 0.5 days.

Analysts Set New Price Targets

Separately, Citigroup upgraded shares of Publicis Groupe to a “hold” rating in a research report on Wednesday, October 9th.

Publicis Groupe Trading Down 1.2 %

OTCMKTS:PUBGY opened at $26.82 on Monday. Publicis Groupe has a 1 year low of $18.51 and a 1 year high of $29.25. The firm has a 50 day moving average of $27.00 and a 200-day moving average of $27.14.

Publicis Groupe Company Profile

Publicis Groupe SA provides marketing, communications, and digital business transformation services in North America, Europe, the Asia Pacific, Latin America, Africa, and the Middle East. The company offers advisory services for brand strategy, and repositioning and their identity under the Publicis Worldwide, Saatchi & Saatchi, Leo Burnett, Marcel, Fallon, and BBH brands; online advertising services under the Razorfish and Moxie brand names; crisis communications, press relations, public affairs, institutional relations, financial communications, and strategy management services; media consulting, planning, and buying services; performance marketing services; and e-commerce services.